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Investors, who made some quick money trading in retail stocks recently, hope to repeat the feat when the government tables the insurance bill for parliamentary approval. Markets may surge if the government agrees to raise the overall foreign investment limit in insurance companies. Read more
The government proposes to push through key economic reforms Bills in sectors like insurance, pension and banking in the forthcoming Winter Session of Parliament which begins. Insurance Bill, that seeks to raise foreign direct investment (FDI) cap in the sector from 26 per cent to 49 per cent figures in the list of official business for the session. Read more